Aercap Holdings NV vs U-Haul Holding Company

Aercap Holdings NV (AER) is undervalued and U-Haul Holding Company (UHAL-B) is overvalued.

Against our estimates of intrinsic value, AER trades at the wider discount: a margin of safety of +53%, against -889% for UHAL-B.

Values as of the 22 Sept 2026 close.

Aercap Holdings NV (AER)

Discounting its cash flows at 6.9% (average of 3 methods) values the shares at $309.00; the price of $144.22 is 53% below that value, and 84% of that value comes from beyond year five.

Leak Score 54/100 on 3 of 12 signals

U-Haul Holding Company (UHAL-B)

Discounting its cash flows at 8.3% (average of 2 methods) values the shares at $5.55; the price of $54.89 is 889% above that value, and 78% of that value comes from beyond year five.

Leak Score 0/100 on 3 of 12 signals

MetricAERUHAL-B
VerdictUndervaluedOvervalued
Price$144.22$54.89
Intrinsic value$309.00$5.55
Margin of safety+53%-889%
Leak Score54/100 (3/12)0/100 (3/12)
Market cap$22.3B$10.8B
Revenue growth, 5 years10.9%5.8%
Operating margin49.0%8.5%
Net margin45.0%0.5%
Return on equity18.7%0.4%
Debt to equity2.331.06
P/E7.1x376.7x
Forward P/E7.9x
P/B1.2x1.4x
Dividend yield1.1%0.4%

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